Exhibit 24-4

-Refer to Exhibit 24-4. What dollar amounts go in blanks (A),(B),(C),(D),and (E),respectively?

Question

Exhibit 24-4
 
-Refer to Exhibit 24-4. What dollar amounts go in blanks (A),(B),(C),(D),and (E),respectively?

Quizplus · Accepted Answer

Blank (A) is the sum of the total assets in the current assets section, which is $8. 
Blank (B) is the sum of the accounts receivable and inventories, which is $85. 
Blank (C) is the sum of the total liabilities in the current liabilities section, which is $0. 
Blank (D) is the sum of the operating expenses, which is $45, and the interest expense, which is $35, for a total of $80. 
Blank (E) is the sum of the total liabilities and the owner's equity, which is $125 + $5 = $130.

Exhibit 24-4 -Refer to Exhibit 24-4. What Dollar Amounts Go in Blanks